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Ores

Sumitomo participates in FPX Nickel financing to gain 9.9% stake

Sumitomo Metal Mining Canada is investing about C$14.5 million to gain a 9.9% interest in FPX Nickel (TSXV: FPX).

Thursday, January 18, 2024

BHP flags possible writedowns at nickel unit on low prices

BHP Group said on Thursday it was reassessing the value of its nickel operations after a price slump, in a move that could lead to writedowns amid an oversupply of the metal used in electric vehicle batteries.

Thursday, January 18, 2024

Rio Tinto: 2023 iron ore shipments below targets

Rio Tinto, the UK-based mining giant, has reported that its iron ore shipments from Western Australia(WA) in 2023 totaled 331.81 million tonnes

Thursday, January 18, 2024

Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford projectSamsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project

South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Company (TSXV: CNC), which is developing the Crawford nickel sulphide project in the Timmins-Cochrane mining camp of Ontario.

Monday, January 15, 2024

Tharisa reports highest ever quarterly chrome output, increased PGMs production

Tharisa has reported an 8.7% increase in mill throughput at its South African operations to more than 1.4-million tonnes, with improvements in both grade and recovery for platinum group metals (PGMs) and chrome concentrate for the first quarter of the 2024 fin...

Friday, January 12, 2024

Widgie Nickel increases Gillett nickel resource

Widgie Nickel has updated the mineral resource estimate (MRE) for the Gillett nickel deposit, which is central to the Widgie South project sitting within the Mount Edwards project in Western Australia.

Thursday, January 11, 2024

Vale BM says decision to merge Canada nickel ops with Glencore a priority

Vale Base Metals (VBM) is prioritizing a decision on whether to combine its nickel operations in Canada’s Sudbury basin with those of Glencore this year, a move that could reduce costs for both companies, its chairman said.

Thursday, January 11, 2024

Iron ore pellet production to be all-time high in FY24

Iron ore pellet production is likely to reach an all-time high in FY24 supported by strong domestic demand and pick up in exports.

Wednesday, January 10, 2024
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